This marked one of the largest funding rounds in the recent past, at its existing valuation of $4.5 billion. This also resulted in ADIA becoming one of the largest shareholders in Lenskart.

Typically, executives at private sector banks receive significantly higher annual compensation compared to those in state-run banks. For perspective, Axis Bank's MD and CEO, Amitabh Chaudhry, was the highest-paid private bank chief in India in the previous financial year, earning a total annual salary of Rs 7.62 crore, as stated in the bank's FY22 annual report.

Earlier the income tax department in March last year collected evidences that revealed that Hero MotoCorp has booked bogus purchases, made huge unaccounted cash expenditures and obtained accommodation entries, aggregating to the tune of more than Rs 1,000 crore.

Lokesh Machines, Hyderabad based firm with market capitalisation of Rs 330 crore gained 20 percent in trade on June 15th, after being granted the Initial License (Form VIJ) for manufacturing of small arms by the Ministry of Home Affairs.